Marco Otoya
Marco Otoya is the director of the Centro Internacional de Política Económica para el Desarrollo Sostenible (Cinpe) at the Universidad Nacional (UNA) in Costa Rica. He has been instrumental in analyzing the impacts of currency fluctuations on the Costa Rican economy. Recently, he was in the news discussing the reasons behind the appreciation of the Costa Rican colón, attributing it to factors such as increased exports, a rebound in tourism, and a restrictive monetary policy by the Central Bank of Costa Rica.
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Costa Rica:
Marco Otoya commented that there has been an interest from households to take on debt in dollars despite not being earners.
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Costa Rica:
Marco Otoya is the director of the International Center for Economic Policy for Sustainable Development at the National University.
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Costa Rica:
Marco Otoya is the director of the Centro Internacional de Política Económica para el Desarrollo Sostenible (Cinpe) at the Universidad Nacional (UNA).
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Costa Rica:
Marco Otoya is the director of the International Center for Economic Policy for Sustainable Development and commented on currency appreciation.
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Costa Rica:
Marco Otoya, director of the International Center for Economic Policy for Sustainable Development, expressed concerns about the sustainability of the appreciation of the local currency.
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Costa Rica:
Marco Otoya, director of the International Center for Economic Policy for Sustainable Development, noted that a surplus of dollars in the exchange market emerged after the pandemic.
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